Latest Articles

Logo-for-BTC-Summit-2014-2401

June 22, 2014 

Tom Hood, Jan Hargrave to Keynote 2014 BTC Summit

Tom Hood, CEO, Maryland Association of CPAs & Business Learning Institute, and Jan Hargrave, CEO of Jan Hargrave & Associates, will be the keynote speakers at the 2014 Boomer Technology Circles Summit August 18-19, 2014 at the Westin Crown Center in Kansas City, MO. Due to the growing importance of firm’s developing emerging leaders, the…

 Report Shows Who is Most Likely to Come Up Short on Retirement Savings

June 22, 2014 

Report Shows Who is Most Likely to Come Up Short on Retirement Savings

Will Baby Boomers and Gen Xers have enough money to live on when they retire, and if not, when will they run short? New modeling by the nonpartisan Employee Benefit Research Institute (EBRI) finds that those in the lowest-income brackets are most likely to run short, many in the first year of retirement.

wave-107150851

June 19, 2014 

Wave Launches New Invoicing App

Wave, which makes a suite of small business financial tools, has launched a new app called Mobile Invoice by Wave. The app features one-tap activation of credit card processing, and no-fuss instant integration with Wave’s accounting tools, the app simplifies the entire process of getting paid for small businesses. Invoice by Wave launches today for…

Isaac M. O'Bannon

 Massachusetts Nurses Group Targets CEO Pay

June 19, 2014 

Massachusetts Nurses Group Targets CEO Pay

While hospital executives from across Massachusetts meet in Chatham this week, a nurses union is running a radio ad that criticizes Massachusetts hospital chiefs' compensation packages and calls for greater transparency of hospital finances.

 Report: IRS Meeting Requirements of Spending Cuts

June 18, 2014 

Report: IRS Meeting Requirements of Spending Cuts

The part of the U.S. Treasury Department that is tasked with overseeing the Internal Revenue Service has issue the findings of a recent audit of the taxing agency when it comes to its compliance with the budget cuts imposed on the agency's budget as a result of sequestration.

Isaac M. O'Bannon

CFO-Optimism

June 18, 2014 

CFO Optimism Highest Since 2006

For the first time since 2006, more CFOs believe the state of the U.S. economy will improve (51 percent) rather than remain the same or worsen (49 percent) during the next six months, according to the Grant Thornton LLP 2014 Spring CFO Survey. This also marks the highest percentage in the survey’s history, which reflects…

Isaac M. O'Bannon

 GASB Proposes Improvements to State and Local Post Employment Benefits Reporting

June 18, 2014 

GASB Proposes Improvements to State and Local Post Employment Benefits Reporting

On Monday, the Governmental Accounting Standards Board (GASB) published two proposed Statements intended to significantly improve financial reporting by state and local governments of other postemployment benefits (OPEB), such as retiree health insurance. The GASB also published a third Exposure Draft that would establish requirements for pensions and pension plans that are outside the scope…

Isaac M. O'Bannon